ACCOUNTS REALTIME LTD
💤Zombieactive
10031674 · ltd · incorporated 2016-02-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-55.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -95% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £55,929
Very low cash
Cash position: £58
Cash draining
Cash down 95% YoY
Cash YoY
-95%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£58
↓ 95% YoY
Net Worth
-£56k
↓ 1.5% YoY
Current Assets
£101k
↓ 7.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-55.2k | £-54.3k |
| Current assets | £100.6k | £108.7k |
| Cash | £58 | £1.2k |
| Debtors | £100.5k | £107.5k |
| Net assets | £-55.9k | £-55.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-10-02➖WHITWORTH, Mark Edward resigneddirector
- 2020-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-27➕WHITWORTH, Mark Edward appointeddirector
- 2019-02-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-02-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-27📄capital-allotment-sharescapital · SH01
- 2019-02-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-02-29🏢Company incorporatedAs ACCOUNTS REALTIME LTD
- 2016-02-29➕CHITTENDEN, Michael John Anthony appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Anthony Chittenden Individual · British · DOB 08/1963 · age 63 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/06/2016 |
1 historic (ceased) PSC
- Mr Mark Edward Whitworthceased 02/10/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Hospitality · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3 POINTS CAFE LTD→ 11602692 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABIMA LIMITED→ 07305498 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACE SUITES LTD→ 12076626 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACOO SMOKY GRILL LTD→ 16906317 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAEL LIMITED→ 15661725 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEM FOOD LIMITED→ 13474044 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGO HOLDINGS LTD→ 12745568 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AISHELL LTD→ 14578074 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AKAYAZ LTD→ 11768135 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AKBU LIMITED→ 14081521 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AKILINC LTD→ 12077631 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AKINCILAR LTD→ 15484100 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2016-02-29
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation
Registered office
Cartwrights Regency House
33 Wood Street
Barnet
EN5 4BE
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12
Officers (1 active · 1 resigned)
CHITTENDEN, Michael John Anthony→
Activedirector · ~63y · appointed 2016-02-29
View their other companies + combined net worth →
WHITWORTH, Mark Edward→
Resigneddirector · ~66y · appointed 2019-02-27 · resigned 2020-10-02
Click a director name to see their full track record across all companies.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-12